Speaker 1: Hey, everyone, welcome to another episode of the Mark Mass
Speaker 1: Show where we are talking about, of course bitcoin, we're
Speaker 1: talking about the decentralized revolution that is happening. I'm with
Speaker 1: you each and every week at the same time on
Speaker 1: the same channel. So if you're not driving, if you're
Speaker 1: not driving, if you are, you can pull over. Why
Speaker 1: don't just grab your phone real quick, put a reminder
Speaker 1: on your calendar to join me each and every week
Speaker 1: at this time at this channel as I talk about
Speaker 1: bitcoin and what is happening in this decentralized revolution where
Speaker 1: this will be the most important, the most profitable part
Speaker 1: of your week. We're literally witnessing technological revolution. A technological
Speaker 1: revolution is different than just a new technology in a
Speaker 1: sense that it doesn't just improve things, It literally changes
Speaker 1: the course of humanity. Now, when these happened, it represents
Speaker 1: massive opportunities or what we call wealth transfers. Wealth transfers
Speaker 1: where it takes money from the old class of people
Speaker 1: and moves it to the new class of people. And
Speaker 1: this is our opportunity. Is a large wealth transfer we
Speaker 1: will ever see in our lifetime, or multiple lifetimes for
Speaker 1: that matter, And that is why it is so important
Speaker 1: for you to understand bitcoin. Now, I understand bitcoin is
Speaker 1: not easy. It's not easy, which is why you should
Speaker 1: again in tune into meat and every week. I mean, really,
Speaker 1: you have to understand six or eight different UM disciplines
Speaker 1: in order to really grasp it. I mean, I've been
Speaker 1: studying now for about seven years and I'm still trying
Speaker 1: to figure it out. And you have to understand things
Speaker 1: from economics and monetary history and philosophy and game theory,
Speaker 1: UM technology, all these different things. And so that's why
Speaker 1: it's important to kind of tune in each and every
Speaker 1: week and keep learning, keep growing your knowledge base. And
Speaker 1: so each and every week, I'm gonna hit you with
Speaker 1: a bunch of different topics to really build that out.
Speaker 1: And UM, I try to bring to you, you know,
Speaker 1: some teachings, some education and foundation. I want to bring
Speaker 1: to you the latest and break latest breaking news each
Speaker 1: and every week. UM, so you're up to date on
Speaker 1: what is happening in the force. I try to bring
Speaker 1: some of my friends, some of the brightest people in
Speaker 1: the space to really give you that perspective. So thanks
Speaker 1: for tuning in to the Markma Show where we're talking
Speaker 1: about bitcoin of course, and um, you know, for this week.
Speaker 1: I wanted to talk about something I was just this
Speaker 1: last weekend. I was in Houston, Texas, and I was
Speaker 1: speaking at a conference with UH. I got to share
Speaker 1: the stage with one of my we'll call them heroes,
Speaker 1: UM and that's a former Congressman, Dr Ron Paul. And
Speaker 1: Dr Ron Paul he created a movement and the movement
Speaker 1: was based off a book that he wrote in the
Speaker 1: year two thousand nine. And the book was titled In
Speaker 1: the Fed. In the Fed UH, and that's short for
Speaker 1: a Federal Reserve if you're wondering. It's a central bank
Speaker 1: of the United States. The Federal Reserve Bank of the
Speaker 1: United States is what creates all the money. They create
Speaker 1: the money supply. UM, they managed the interest rates, and
Speaker 1: through those things they manipulate, they manipulate the markets and
Speaker 1: so uh. You know, he he wrote this book in
Speaker 1: two thousand nine, and he was one of the first
Speaker 1: people that I know that really brought the attention of
Speaker 1: the world onto the Federal Reserve, to the central Bank
Speaker 1: of the United States. Now, the Federal Reserve was created
Speaker 1: in secrecy, UM, way way way way way back, and
Speaker 1: about a hundred years ago in the year and really
Speaker 1: really from like nineteen or seven to nineteen thirteen is
Speaker 1: really when it was kind of put into um a fact. Now,
Speaker 1: if you really want to know, which I would advise
Speaker 1: you to do. Uh, there was an amazing book written
Speaker 1: called The Creature from Jeko Island, and they really explain
Speaker 1: all this and basically the story about the bankers took
Speaker 1: over the world. Um, if that's what you really want
Speaker 1: to know, and and uh, it's important to understand these
Speaker 1: things because, like I said, to understand bitcoin, um, you
Speaker 1: have to understand a lot of different things, one of
Speaker 1: those things being monetary history. If you don't understand what
Speaker 1: money is, or where money came from, or how money developed,
Speaker 1: it's gonna be really hard for you to understand what
Speaker 1: bitcoin is. Of course, you still have to understand technology
Speaker 1: and all these other things. So it's it's a deep subject.
Speaker 1: But one of the things that I've really tried to
Speaker 1: focus on for the last however long I've been making content,
Speaker 1: which is a number rever views at this point. But
Speaker 1: one of the things that I try to focus on,
Speaker 1: and you'll notice when you tune into meat and every week,
Speaker 1: is that I try to focus on why why do
Speaker 1: we need bitcoin? A lot of people will tell you
Speaker 1: that bitcoin has no value. Um, there's no need for it,
Speaker 1: there's no use case for it, things like that, And
Speaker 1: so I try to focus on why why do we
Speaker 1: need bitcoin? Why is bitcoin important? Why will bitcoin change things? Etcetera,
Speaker 1: and so UM again, to really understand the impact of this,
Speaker 1: you have to understand what it's here to fix. Now,
Speaker 1: we say fix the money, fix the world. That's a
Speaker 1: big statement. I can talk to you every single week
Speaker 1: for for a long time covering, um, all those ways
Speaker 1: that fixing the money can fix the world. But then
Speaker 1: I guess to understand why fixing the money will fix
Speaker 1: the world, just understand why money is broken, and understand
Speaker 1: why money is broken. We have to go back to
Speaker 1: the Federal Reserve. UM. So anyway, like I said, Ron
Speaker 1: Paul speaking with him at the at the event this weekend,
Speaker 1: and um, he wrote that book in the FED and
Speaker 1: really brought a lot of attention to that, and UM,
Speaker 1: it's kind of created an entire generation of people like
Speaker 1: me that have become you know, empowered and want to
Speaker 1: really start pushing this message. And so UM shout out
Speaker 1: to Rompaul. Um he was He's a true living legend.
Speaker 1: He's gotten old. I think he's eighty six years old now, Um,
Speaker 1: but I can tell you that he got up on
Speaker 1: stage and he went off for about forty five minutes
Speaker 1: without skipping a beat. He didn't have charts, he didn't
Speaker 1: have graphs, he didn't have notes. He's an empower point presentation.
Speaker 1: He had nothing, and he literally just ran through his
Speaker 1: talk for forty five minutes. Um, eighty six years old, Um.
Speaker 1: In contrast of President Biden, who I believe is seventy
Speaker 1: nine years old and uh barely knows where he's at
Speaker 1: from time to time. Now, if you're just tune in and
Speaker 1: and listen to the Mark Moa show, we're talking about bitcoin.
Speaker 1: We're talking about the decentralized revolution that is happening, and
Speaker 1: we are talking about why why is bitcoin important? Why
Speaker 1: do we need bitcoin? Why in bitcoin fix things? Why
Speaker 1: does fixing the money fixed the world? And like I said,
Speaker 1: to understand that we have to understand the FED, the
Speaker 1: Federal Reserve, and so again, um, talking about Ron Paul
Speaker 1: really started this movement. But um, I went on to
Speaker 1: say that the doctor, the doctor diagnosed the problem. So
Speaker 1: doctor Ron Paul, he diagnosed the problem and the problem
Speaker 1: that we have with the central bank with fooser with
Speaker 1: with somebody anybody having a money printer, is that it
Speaker 1: leads to a number of bad things. So for example,
Speaker 1: some of the things that he warned us about, and
Speaker 1: our founding fathers warned us about, what I'll talk about
Speaker 1: a minute, um, was that the Federal Reserve or the
Speaker 1: central bank, the ability to print money unlimited amount of
Speaker 1: money arbitrarily, is that you get this these never ending wars.
Speaker 1: And so really the first central bank really got started
Speaker 1: in the Bank of England, which we'll go back and
Speaker 1: do it a little bit um in the late and
Speaker 1: it was created so that they could go to war.
Speaker 1: They needed more money, so they create a central bank
Speaker 1: to print money. Um. And when we have this unlimited
Speaker 1: suspansion of money, what happens is through Parkinson's law. Parkinson's
Speaker 1: law says that anything will swell to the um allocation
Speaker 1: allotted to it. So for example time management, if you
Speaker 1: have two weeks to get a paper done, it's gonna
Speaker 1: take it two weeks to get the paper done. If
Speaker 1: you have to get the paper done by tomorrow, you're
Speaker 1: gonna get the paper done by tomorrow. Um. If you
Speaker 1: have a tube of toothpaste, you might go through the
Speaker 1: tube of toothpaste in two weeks, but once you get
Speaker 1: down to the end, you could make that very last
Speaker 1: part last for two weeks um. And so also money
Speaker 1: is the same way. You might notice that as you
Speaker 1: make more money in life, you just spend more money. Well,
Speaker 1: you're not alone in that. As a matter of fact,
Speaker 1: the government does the same thing. And so when they
Speaker 1: have this endless amount of money and they continue to
Speaker 1: print money at will, we get a massive expansion of
Speaker 1: the government. Just like you personally, if you make more money,
Speaker 1: buy a bigger house, you buy more cars, you buy
Speaker 1: more stuff, you expand. Well, the government also does the
Speaker 1: same thing. The problem with that is that when you
Speaker 1: increase your ass it's you're increasing your private property, your
Speaker 1: life energy. When the government does it, they are opposed
Speaker 1: their exact opposite to yours and my freedom. And so
Speaker 1: basically you can look at it like a teeter totter,
Speaker 1: like a pendulum, and on one side you have the government,
Speaker 1: and on the other side you have your liberty or
Speaker 1: your freedom. And the bigger the government gets, the less
Speaker 1: liberty you have, and the more liberty you have, the
Speaker 1: smaller the government must get. Makes sense, the bigger they get.
Speaker 1: The more regulations, the more people, the more laws, and
Speaker 1: the more laws and regulations you have, the less freedom
Speaker 1: you have. When I turned eighteen and I was able
Speaker 1: to vote for the first time, my dad told me
Speaker 1: one thing that I'll never forget. And I say all
Speaker 1: the time I tell my kids, um for when they're
Speaker 1: ready to vote. But UM, the one thing he told
Speaker 1: me is that whenever you go to vote, always remember
Speaker 1: this one thing he said. He said, every law, no
Speaker 1: matter if you like it or not, whether it's good
Speaker 1: or uh, it means less freedom. And so that's what
Speaker 1: I mean. It's it's it's opposite of our freedom. So
Speaker 1: as the government's growth, it's done that. It's also UM
Speaker 1: lives against natural law. So natural law like sowing and
Speaker 1: reaping um, the government doesn't have to produce before it
Speaker 1: consumes UM and lots of other things. Um. You're listening
Speaker 1: to the Mark Moa show. We're talking about bitcoin. We're
Speaker 1: talking about the Decentralized Revolution, and today we're talking about
Speaker 1: Dr Ron Paul, the in the FED movement and how
Speaker 1: that leads to why bitcoin. I'm gonna explain some warnings
Speaker 1: from our founding fathers. In a second. Don't go away
Speaker 1: we are back. All right, welcome back. You are listening
Speaker 1: to the Mark ma Show, and we are talking about,
Speaker 1: of course bitcoin, Bitcoin. Each and every week we're trying
Speaker 1: to walk you through this decentralized revolution that is happening
Speaker 1: right now before your very eyes. That's a big subject.
Speaker 1: It's a deep subject, and it's um, it's it's rapidly changing,
Speaker 1: rapidly moving, and so to to really take advantage of it,
Speaker 1: in order to be positioned properly for this revolution that's happening,
Speaker 1: you need to understand it. And without the proper education,
Speaker 1: you just really can't take the appropriate actions. And so
Speaker 1: that's what I'm here for. Each and every week, I
Speaker 1: got your back. I'm gonna bring to you the latest
Speaker 1: breaking news, of course, the education, and then uh some amazing,
Speaker 1: some insightful, some entertaining guests as well. Today right now, specifically,
Speaker 1: I was talking about before the break, talking about on
Speaker 1: this last weekend, I was speaking at a conference in Houston,
Speaker 1: and I was getting to share the stage with doctor
Speaker 1: Ron Paul, former Congressman Dr Ron Paul, and he he
Speaker 1: started a movement called End the Fed back in two
Speaker 1: thousand nine, and I was saying, why why do we
Speaker 1: want to end the FED. Who is the FED? What
Speaker 1: does the FED do? Etcetera. And and Uh, while you
Speaker 1: may not at first understand what this has to do
Speaker 1: with bitcoin, you have to understand that bitcoin is attempting
Speaker 1: to fix the money. It's attempting to fix a broken system. Well,
Speaker 1: if you in order to understand that, you have to
Speaker 1: understand what the system is and what's broken about it.
Speaker 1: And that's what we're talking about today. Like I said,
Speaker 1: Ron Paul started that movement, and I'm here just trying
Speaker 1: to carry the torch for him. He's eighty six years old. Um,
Speaker 1: he's still still crazy sharp. I mean, like I said,
Speaker 1: he got up on stage and spoke four or five
Speaker 1: minutes about missing a beat. Um, but still we need
Speaker 1: to carry the torch. And and he's motivated me. He's
Speaker 1: motivated thousands of people like me, and hopefully I'm going
Speaker 1: to motivate thousands of people like me, and we're going
Speaker 1: to continue to expand this. Uh. One of my quotes
Speaker 1: that I love to say is, Um, Samuel Samuel Adams,
Speaker 1: not the beer, the one of the founding father, Sammy Adams.
Speaker 1: You said that all it takes is for a small
Speaker 1: tireless minority, so a small group of people, UM to
Speaker 1: continue to light small brush fires in the minds of men.
Speaker 1: So as what I'm trying to do Ron Paul did
Speaker 1: to me, I'm trying to do to you. Let's keep
Speaker 1: this thing going. But back to what the doctor diagnosed
Speaker 1: as the problem. Um, so the government. But the ability
Speaker 1: to print money allows the government to live against natural law.
Speaker 1: So instead of producing before they consume, they can just
Speaker 1: print a bunch of money and they can steal. They
Speaker 1: use that to steal, getting more in that a minute.
Speaker 1: And through all this endless money printing, UM, what they're
Speaker 1: really doing is depreciating the value of all the other currency.
Speaker 1: So all the money in your bank account and all
Speaker 1: the money you're gonna make next week and next year,
Speaker 1: they're stealing the purchasing power or the or the value
Speaker 1: right out of that. Now to understand this, UM, I
Speaker 1: always like to go back to the beginning. We'll go
Speaker 1: back to the future. If you watch my YouTube videos, UM,
Speaker 1: you'll know that I always try to pull this historical
Speaker 1: narrative in. And if you don't watch my YouTube videos
Speaker 1: then you should. You can just google Mark Moss you
Speaker 1: will find those. But if we go back to the beginning.
Speaker 1: We go back all the way to the founding of
Speaker 1: the United States, and then we'll go back even further
Speaker 1: in a second. But we were warned by our founding
Speaker 1: fathers many many times about the dangers of having a
Speaker 1: central bank, the dangers of what the banks would do, um,
Speaker 1: and and even more importantly, how it was going to
Speaker 1: affect us. And so I'll read you a quote here
Speaker 1: that I love that I used at this talk, and
Speaker 1: it's from Thomas Jefferson. Thomas Jefferson and a lot of
Speaker 1: great things to say, or I should say, bad things
Speaker 1: to say about at the bank. Um. He wasn't a
Speaker 1: big fan of the banks. And he said, quote, if
Speaker 1: the American people ever allow private banks to control the
Speaker 1: issue of their currency, if they ever allow banks to
Speaker 1: control the issue of their currency first by inflation and
Speaker 1: then by deflation, So how do they control it? Well,
Speaker 1: what do they control? They control the currency? Who controls it?
Speaker 1: The banks? So who controls the banks? What do they
Speaker 1: control the currency? How do they control it? By inflation
Speaker 1: and then deflation? Now, unless you're living under a rock
Speaker 1: right now, all you're hearing about on the news is inflation.
Speaker 1: As a matter of fact, I believe it was yesterday
Speaker 1: day before. Anyway, this week the new cp I, that's
Speaker 1: the consumer Price Index. That's how the government measures inflation,
Speaker 1: which is wrong. I'm gonna get to in a second,
Speaker 1: but that's how they use They give us this this
Speaker 1: single number, which is stupid. But anyway, to the point, Um,
Speaker 1: they projected or they forecast or I said, sorry, not forecasted.
Speaker 1: They told us that. Then the official number came in
Speaker 1: at seven seven percent inflation. So that's the record. I
Speaker 1: believe it's a four decade old record. Um, we haven't
Speaker 1: seen prices get that high. Now. To tell you what
Speaker 1: that means in reality, that means that the price that
Speaker 1: the prices they track, which are wrong, but the prices
Speaker 1: they track went up by seven percent. Um, what that
Speaker 1: really means is that you're purchasing power went down by
Speaker 1: seven percent. So that means your your hundred dollars now
Speaker 1: only buys dollars worth of goods and services. To put
Speaker 1: that into perspective for you, if we ran that out
Speaker 1: over three years, you've lost twenty one percent of your
Speaker 1: purchasing power. So now your thousand dollars only buys you
Speaker 1: or you're you know whatever. Hundred dollars only buys you
Speaker 1: um and not a calculator, but you get less um.
Speaker 1: So anyway, the American people allow private banks to control
Speaker 1: the issue of their currency, first by inflation and then deflation.
Speaker 1: That's the key piece, a right inflation deflation, it says.
Speaker 1: Then the banks in corporations that will grow up around
Speaker 1: these banks. So the other banks and the corporations that
Speaker 1: are around these banks, here's the keypiece, will deprive the
Speaker 1: people of all property until their children wake up homeless
Speaker 1: on the continent their fathers conquered end quote. So as
Speaker 1: that's Thomas Jefferson. He warned us the banks would control
Speaker 1: the currency by inflation deflation, and they would deprive us
Speaker 1: of all property on the continent our father's conquered. So
Speaker 1: let me tell you how the Federal Reserve uses inflation
Speaker 1: and deflation in order to do that, exactly what Thomas
Speaker 1: Jefferson warned us of doing. Um. And so, like I said,
Speaker 1: you hear about this inflation deflation, but you probably don't
Speaker 1: understand it. And so let me explain that to you. Now,
Speaker 1: like I said, if we go back to the beginning, Um,
Speaker 1: the first central bank really that was created was the
Speaker 1: Bank of England and that was in sixteen forty nine.
Speaker 1: And again at the at the time, the Bank of
Speaker 1: England was at war there at war with France, and
Speaker 1: they it didn't have enough money. Imagine that. So typically
Speaker 1: wars would end. Wars would end when people ran out
Speaker 1: of money and a nation would actually really think about
Speaker 1: going to war first because they didn't know if they
Speaker 1: had the money, and so they have to go Do
Speaker 1: I have enough money to go to war? And is
Speaker 1: it worth me spending all my money to go to war?
Speaker 1: Of course the answer is usually no, which is why
Speaker 1: we didn't have a lot of war. And if it
Speaker 1: was going to go to war, it was only a
Speaker 1: very serious thing. And then, like I said, wars would
Speaker 1: typically end pretty quickly. But basically the banking thing, they
Speaker 1: want to go to war with France. They didn't have
Speaker 1: enough money. So the bankers at the time, the countries
Speaker 1: would always borrow money from the bankers, and they had
Speaker 1: borrow money from these rich people, and they went to
Speaker 1: these bankers and said, hey, we need to borrow money.
Speaker 1: We want to go to war. And the bankers came
Speaker 1: up with a plan and they said, hey, check it out.
Speaker 1: We have an idea. Um here's what we'll do. We're
Speaker 1: going to loan you as much money as you want
Speaker 1: to go to war. But of course there's a butt.
Speaker 1: But what we need is we're going to establish a bank,
Speaker 1: and in that bank, we're going to create our own currency.
Speaker 1: And if you make that legal for us to do that,
Speaker 1: and you tell all the people of England that our
Speaker 1: currency is the new currency to be used, if you
Speaker 1: do that, then we're going to go ahead and give
Speaker 1: you as much of that new currency as you want
Speaker 1: so you can go fight these wars. Pretty crazy, right,
Speaker 1: I mean, shoot, who wouldn't want to do that? So, um,
Speaker 1: if you tell everybody you've got to use my fake
Speaker 1: money that I print out of thin air, then I'll
Speaker 1: give you as much of it as you want. And
Speaker 1: that's the deal that was made. Um. Then they try
Speaker 1: to get their tentacles into the United States. We had
Speaker 1: the first and second Bank of the U s from
Speaker 1: s thirty six. We went to this period of free
Speaker 1: banking from eighteen thirty seven to eighteen sixty three, which
Speaker 1: was kind of free markets. We saw the central bank
Speaker 1: come back in eighteen sixty three to nineteen o seven,
Speaker 1: and that's where things got off. The rails. That's where
Speaker 1: things that's where the money really broke. Now you listen
Speaker 1: to the markmas Show, we're talking about bitcoin, we're talking
Speaker 1: about the decentralized revolution. We're specifically talking about bitcoin fixing
Speaker 1: the money. But why the money broken? It's because of
Speaker 1: the FED, the central bank. Ron Paul started the movement
Speaker 1: and the Fed. And I am letting you know why
Speaker 1: the Fed has broken the money. I'll be right back.
Speaker 1: Don't go away. I'm gonna explain to inflation and deflation
Speaker 1: next we're back. All right, welcome back. You are listening
Speaker 1: to the Mark Moa Show, and we're talking about bitcoin.
Speaker 1: Each and every week we're talking about bick when we're
Speaker 1: talking about the decentralized revolution. And today, at this moment,
Speaker 1: right now, I'm explaining to you why why bitcoin? Why
Speaker 1: does it matter? Why do we need to fix the money? Well,
Speaker 1: what's wrong with the money in the first place? Who
Speaker 1: broke the money? And it all boils down to the
Speaker 1: FED and so or the central banks, so we'll call
Speaker 1: it them. And so anyway, um I was explaining that
Speaker 1: I was speaking at a conference with Ron Paul, and
Speaker 1: um I read to you a quote from Thomas Jefferson
Speaker 1: one of the founding fathers, and he said that if
Speaker 1: the American people ever allow private banks to control the
Speaker 1: issue of their currency first by inflation and then deflation, um,
Speaker 1: then they'll the pride people of all property. So how
Speaker 1: do they use inflation and deflation? Well, the first thing
Speaker 1: is that understanding inflation is very difficult subject. And so
Speaker 1: what happens is, um, the Fed puts out this number,
Speaker 1: the c p I Consumer Price Index, or we can
Speaker 1: call it cp LIE because they're basically lying about the numbers.
Speaker 1: But the problem is that they're trying to boil down
Speaker 1: inflation into a single number, and you can't do that. UM.
Speaker 1: So if I was trying to measure the wind drag
Speaker 1: across the jet plane, I can't do that with arithmetic.
Speaker 1: Nor can I boil that down to one number. No,
Speaker 1: it requires algebra, cures, physics, all these different things to
Speaker 1: do that. And to measure the inflation in the economy
Speaker 1: is also equally or probably way more difficult. There's trillions
Speaker 1: of inputs, there's billions of people that make into this,
Speaker 1: make up this, and it affects us all differently. So
Speaker 1: if I drove to Alaska and look at the northern
Speaker 1: lights and I drove back and he said, hey, Mark, Mark,
Speaker 1: how how was the Northern lights? And I said, oh,
Speaker 1: it was really cool. That would do nothing to explain
Speaker 1: to you what I saw. And so trying to explain
Speaker 1: inflation the single number is not going to work. Um,
Speaker 1: if I'm trying to buy a house in Austin, Texas,
Speaker 1: it's way different than trying to buy a house in
Speaker 1: Kansas City. So the inflation is different for me. If
Speaker 1: I'm not trying to buy a house at all, that
Speaker 1: inflation is even different from me if I live in
Speaker 1: If I live in my parents basement and watch Netflix
Speaker 1: all day, inflation doesn't really bother me, and so it
Speaker 1: affects itself differently. The easy way to look at this
Speaker 1: is the is what is it that actually inflates? It's
Speaker 1: the money supply. So inflation, like a balloon, means I'm
Speaker 1: increasing the volume of the air in the balloon, right,
Speaker 1: I'm inflating. I'm increasing the volume of the air, And
Speaker 1: so inflation means the money supply is increasing the So
Speaker 1: inflation is the increase in the money supply. Prices. Prices
Speaker 1: go up, but they don't increase in volume, right as
Speaker 1: the price is just a signal. So that so inflation
Speaker 1: doesn't actually work. That's not what it's meant to measure prices.
Speaker 1: Inflation is the money supply. So when the price of
Speaker 1: money goes up, then prices start to change. Now it
Speaker 1: afects them all differently. Some prices go out more than
Speaker 1: others based off scarcity, demand and things like that. And
Speaker 1: then it starts getting really crazy because um, let's say
Speaker 1: the prices of things go up, and then that could
Speaker 1: affect um the supply demand metrics. So now a sudden
Speaker 1: supply chain start breaking down, and the supply chain start
Speaker 1: breaking down because people can't get paid enough, they can't
Speaker 1: afford the gas that they can't afford to build new
Speaker 1: factories to get more products shipped out, et cetera. And
Speaker 1: that increases the prices even more. There's a there's a
Speaker 1: trillion reasons why prices could go up. The thing you
Speaker 1: just have to know real simply is when the money
Speaker 1: supply increases. Remember what was Thomas Jefferson's warning to us.
Speaker 1: He said that they would steal from us first by
Speaker 1: inflation than deflation. Okay, so basically they increase the money supply.
Speaker 1: When they increase the money supply, it signals to us
Speaker 1: that things are good. It signals to us that there's
Speaker 1: more consumption going on. I should increase my business, I
Speaker 1: should expand things like that. Um, there's one other aspect
Speaker 1: to it, and that is the inflation rate. So the
Speaker 1: Federal Reserve, the Central Bank, not only do they increase
Speaker 1: the money supply, they also adjust the interest rate. Now
Speaker 1: this is a key piece because the interest rate is
Speaker 1: what tells me as an entrepreneur, what the rate is
Speaker 1: to buy money. What does that mean? How do you
Speaker 1: buy money? Well, if I want to buy a house,
Speaker 1: I don't want to put up all the money, so
Speaker 1: someone will loan me the money. I'm gonna pay that
Speaker 1: money back in the future. The cost for me to
Speaker 1: take the money today and pay it back later is
Speaker 1: the interest rate, and that should be set by supply
Speaker 1: and demand. So if there's more people trying to loan money,
Speaker 1: then there are people trying to borrow, then the rates
Speaker 1: should go down. If there's more people trying to borrow,
Speaker 1: then there are people lending, the rate would go up.
Speaker 1: And this is an important piece because that's what I
Speaker 1: used to base my decisions on. Price is truth, Okay,
Speaker 1: price is truth that takes all this information, aggregates it
Speaker 1: and puts it together. The problem is that when the
Speaker 1: Fed artificially lowers the rates and artificially changes the money supply,
Speaker 1: it distorts the signal. And so now, as an entrepreneur,
Speaker 1: I am using faulty information. So I think that the
Speaker 1: interest rate is good. That means that people are saving more,
Speaker 1: there's more capital to be deployed, and so that means
Speaker 1: there's probably more people that have capital to buy my products.
Speaker 1: So it's a good idea for me to go into
Speaker 1: this business right now. But that could be completely false.
Speaker 1: I used bad information. I used the price, and I
Speaker 1: use the interest rates. But it's being distorted by the FED.
Speaker 1: That makes sense. It's not being done from a free market.
Speaker 1: And to add onto this, remember back to Thomas Jefferson's quote.
Speaker 1: He said that they would do it first through inflation
Speaker 1: and then deflation. All right, so think about this. Over
Speaker 1: the last two years, there's been nine trillion dollars in
Speaker 1: stimulus injections. So the FED, the Central banking States, UM
Speaker 1: and the and the government has pumped in nine trillion dollars.
Speaker 1: It's about two centuries, two hundred years of money creation
Speaker 1: has happened in the last like two years. So they injected,
Speaker 1: they pumped it up, they increased the money supply, which
Speaker 1: is of course made people go buy homes, and homes
Speaker 1: are up and um used cars were upteent and stakes
Speaker 1: and gases up, um supply chains are breaking down. Business
Speaker 1: is booming, right, all this money is slashed around the
Speaker 1: system because of course they just injected nine trillion dollars,
Speaker 1: so boom. Everybody's booming, and everybody's growing, everyone's buying new cars,
Speaker 1: everyone's adding new businesses and all these things. The economy soaring.
Speaker 1: Oh oh oh shoot, now now now it's going too good,
Speaker 1: too much inflation. So then what do they do. They
Speaker 1: come in deflate, They come and suck the money out.
Speaker 1: So now we just saw in the last week the
Speaker 1: Fed is now said that they're going to take instead
Speaker 1: of injecting money, they're gonna completely cut that off and
Speaker 1: they're going to increase in straits. So first they dump
Speaker 1: a bunch of money in and lower the rates, so
Speaker 1: it creates all this activity artificially fake, and then they
Speaker 1: just go suck it all out and crash everybody. Now
Speaker 1: you know it's not good for you or me if
Speaker 1: we've acted on that information. So business was booming. I
Speaker 1: couldn't keep up with it. So I went and bought
Speaker 1: some new trucks for my for my office. I took
Speaker 1: over the office next door. I hired contractors, and I
Speaker 1: built that out to expand my restaurant or my shop
Speaker 1: or whatever it may be. You know, I took on
Speaker 1: new loans because I wanted to get this new equipment
Speaker 1: or new shop or new um whatever in order to
Speaker 1: expand because the economy is booming right. Well, no, it's fake.
Speaker 1: It was only booming because they artificially put the money in.
Speaker 1: And the problem is, I don't know when they're going
Speaker 1: to artificially pull the money back out, and so they
Speaker 1: just decided to do that. And now all of those me, you, etcetera.
Speaker 1: Everyone who's acted on those principles, and we've decided to
Speaker 1: expand or grow our business on fake information. Now we
Speaker 1: get crashed, and it's no fault of yours. I feel
Speaker 1: bad for for me, I feel bad for you. I
Speaker 1: feel bad for everybody. We're doing the best we can.
Speaker 1: You see that things are going, and if you don't
Speaker 1: build that business, if you don't invest, you get left
Speaker 1: behind because they're printing so much money. Is creating all
Speaker 1: this inflation. You have to do something, so you do
Speaker 1: the best that you can. You risk your life savings,
Speaker 1: you risk your family savings, You work crazy hours, all
Speaker 1: this time and effort and risk that you put into
Speaker 1: it just for them to artificially suck the money right
Speaker 1: back out. And of course you're not privy to know
Speaker 1: when that is. That neither am I. And that's why
Speaker 1: Thomas Jefferson warned that they would steal from us first
Speaker 1: by inflation and then deflation. Um, what the news tells
Speaker 1: you is that this is like a this this phenomenon,
Speaker 1: and they're trying to fight it, right, They're trying to
Speaker 1: fight inflation, They're trying to fight deflation. I want to
Speaker 1: prevent it from happening. No, no, no, no, no no no.
Speaker 1: They create it. Remember, Inflation is the increase of the
Speaker 1: money supply. Deflation is deflating the money supply. So whenever
Speaker 1: you hear them saying they're trying to fight it, they're
Speaker 1: trying to protect you from it. No, that's not how
Speaker 1: it works. They are causing it all right. Now. What
Speaker 1: a lot of people don't take into consideration is what
Speaker 1: are the societal impacts of this happening. So remember, we're
Speaker 1: fixing the money. We're gonna fix the world. But what's broken, Well,
Speaker 1: society has falling apart, and a lot of people think
Speaker 1: it might just be because people are crazy these days.
Speaker 1: But what you might not realize, it's actually all because
Speaker 1: of the money. I'm gonna break down. I got nine
Speaker 1: different metrics I'm gonna give to you as soon as
Speaker 1: you get back. I'm gonna show you exactly how the
Speaker 1: money supplies breaking down society. You listen to the Mark
Speaker 1: Moa show about bitcoin, don't go away? All right, welcome back.
Speaker 1: You're listening to the markma Show. We're talking about bitcoin,
Speaker 1: We're talking about the decentralized revolution, and today, right now
Speaker 1: I'm focusing on why why bitcoin? Bitcoin? You know, we
Speaker 1: talked about bitcoin is better money. If you fix the money,
Speaker 1: we've fixed the world. What's wrong with the world, and
Speaker 1: more importantly, what's wrong with the money? And uh, would
Speaker 1: you believe me if I told you that it was
Speaker 1: the money that broke the world. Well, that's exactly what
Speaker 1: I'm telling you. And so I'm not gonna go back
Speaker 1: and recap everything that I've said before. But Thomas Jefferson
Speaker 1: warned us one of the founding fathers of the United
Speaker 1: States warned us at the banks would use inflation and
Speaker 1: deflation to steal from us. And so I just talked
Speaker 1: about how they inflate, inflate the money supply by injecting,
Speaker 1: you know, nine shillion dollars of the last twenty months,
Speaker 1: and then they deflated and then they suck the money
Speaker 1: back out. And what happens is, uh, let me just
Speaker 1: look at the housing boom busts of two thousand eight.
Speaker 1: So they inject all this money into the into the
Speaker 1: mortgage industry, and it causes people to go buy a
Speaker 1: bunch of homes. And what happens is humans are very basic,
Speaker 1: and you rush towards pleasure and you run from pain.
Speaker 1: And so as home prices are going higher, higher, higher higher,
Speaker 1: or stocks are going higher higher, everybody starts coming in.
Speaker 1: And the more people to come in, the more it
Speaker 1: goes up. More people sucked in. Eventually everybody gets sucked
Speaker 1: in at the top, and then prices crash, so everyone
Speaker 1: bought at the top, prices crash, and then the people
Speaker 1: sell at the bottom take masses lost. Millions of people
Speaker 1: in the United States lost their homes. Millions of people
Speaker 1: went homeless and had to go rent. Well, the government
Speaker 1: decided to print a bunch of money and give it
Speaker 1: to the bankers, and the bankers took that money and
Speaker 1: went and bought all the homes the bargain basement prices,
Speaker 1: and instead of millions of people owning homes, now millions
Speaker 1: of people rented homes. And then the government pumped the
Speaker 1: markets right back up. So now the banks owned all
Speaker 1: the homes and they were back above where they were
Speaker 1: previous to the crash of two thou eight. So it's
Speaker 1: through the inflation and the deflation that they transfer these assets.
Speaker 1: Back to Thomas Jefferson's quote, that's exactly what happened. They
Speaker 1: use inflation and inflation to rob the people of the
Speaker 1: land their or fathers had fought for, all right, and
Speaker 1: they do that by injecting money that then pull the
Speaker 1: money out. Now, I was saying that on top of that,
Speaker 1: it has societal impact, all right. So for example, I mean,
Speaker 1: I have a series of charts here are pretty hard
Speaker 1: to see because we're on the radio, um, but we
Speaker 1: can see that really where things came off the rails.
Speaker 1: I said that the Federals are the central Bank started
Speaker 1: in but they were kind of kept in check. I'm
Speaker 1: not gonna go deep into this I talked about other times,
Speaker 1: but they were kind of kept in check because we
Speaker 1: were on a gold back system, and so they couldn't
Speaker 1: just arbitrarily increase the money supply. They had to keep
Speaker 1: it within a within a within a correlation to the
Speaker 1: gold supply. But in nineteen seventy one, President Richard Nixon
Speaker 1: severed the gold ties, and basically all bets are off
Speaker 1: at that point, print as much money as you want.
Speaker 1: And so what we've seen is since nineteen seventy one,
Speaker 1: we've seen this massive, massive, massive shift in the way
Speaker 1: the society works. And so one of the things, for example,
Speaker 1: is since nineteen seventy one, UM economic before economic growth,
Speaker 1: UM was growing up along with the wages. But since
Speaker 1: nineteen seventy one, things continue to get more expensive, but
Speaker 1: wages have stayed flat. So since nineteen seventy one, adjusted
Speaker 1: for inflation, the average person isn't making any more money
Speaker 1: adjustive for inflation, but things continue to get more expensive.
Speaker 1: So what happens when it gets harder to live? Right?
Speaker 1: I used to be able to have the American dream
Speaker 1: with one household, one person, the household working. Now two
Speaker 1: people have to work, and we still can't have the
Speaker 1: American dream. So that starts setting off a whole domino
Speaker 1: effective other things. So, since nineteen seventy one used to have,
Speaker 1: as I said, one person working in the family. Now
Speaker 1: today two people have to work, and you still can't
Speaker 1: stay ahead. Another big thing is since n we went
Speaker 1: from having wealth is goods and services, so we need
Speaker 1: to be producing. So in the United States we used
Speaker 1: to produce goods and services. Today we've outsourced all the
Speaker 1: producing production to other countries. And now the main job
Speaker 1: in the United States and the moment, the main outsourced
Speaker 1: UM product is speculation. And so today, unfortunately one of
Speaker 1: the best ways to get ahead is gambling. And when
Speaker 1: I say gambling, I mean options, trading on robin hood,
Speaker 1: or trading cryptocurrencies or whatever it is. Speculation. The problem
Speaker 1: is that wealth is goods and certain us and so
Speaker 1: we should be creating goods and services. But today we
Speaker 1: have speculation that's just gone crazy. Um. Since one the
Speaker 1: the the amount of babies born to unwed mothers went
Speaker 1: off like a hockey stick straight parabolic um. The divorce
Speaker 1: rate went through the roof UM and the incarceration rate.
Speaker 1: I mean, if you see these charts as a matter
Speaker 1: of fact, Um, you can go to a website. Um,
Speaker 1: it's called w t F happened WTF you know what
Speaker 1: I stands for, happened in nineteen seventy one dot com?
Speaker 1: WTF happened in one dot com? And you can see
Speaker 1: all these charts and basically it showed it's just a
Speaker 1: series of charts and graphs that show what happened from
Speaker 1: what happened before, and it's anyone what happened after, and
Speaker 1: you will be completely shocked with what you see. Um. Um,
Speaker 1: the obesity rate was stayed flat, and in nineteen seventy one,
Speaker 1: the obesity rate just shot through the roof. Fiat money
Speaker 1: created Fiat food, the medical bills, the amount of money
Speaker 1: that we spent on medical bills shot up through the roof,
Speaker 1: and the life expectancy barely even changed. You break the money,
Speaker 1: you break the world. Now you gotta go to that
Speaker 1: website wtf happened in dot com to really grasp this. So, um,
Speaker 1: you should check that out. But the problem is, as
Speaker 1: I said, you have broken money, you have a broken world,
Speaker 1: and a lot of people think that money is neutral.
Speaker 1: Money is neutral. It's a tool, right, right, come on, Mark,
Speaker 1: come on right, money is neutral. I could use it
Speaker 1: for good, I could, I could use it for bad? Right, No,
Speaker 1: not all money is equal. The fiat money system that
Speaker 1: the Federals makes is a system built on theft, on
Speaker 1: lies and deceit, So theft. As they create more money,
Speaker 1: it steals the value from you. It's theft, it's lies
Speaker 1: in the sit. They don't tell us how many dollars
Speaker 1: they printed. They don't tell us how many dollars they
Speaker 1: have tomorrow. And so anything built on a system of theft,
Speaker 1: lies in the seat is going to be inherently evil,
Speaker 1: inherently evil. Only sound money could be neutral, not a
Speaker 1: system that's controlled by these people that used to steal
Speaker 1: lie and the all right, and so that's what bitcoin
Speaker 1: can fix. Bitcoin is the opposite. So if if the
Speaker 1: fiat money system is built on theft, as they print more,
Speaker 1: they steal, it's lies in the seat, Bickoin is the opposite. Um,
Speaker 1: it's truth. Nobody can print more. They can't use the
Speaker 1: bitcoin to steal from you. No one can steal your
Speaker 1: bitcoin either by taking it from you, nor can they
Speaker 1: create more of it, which steals the value from you
Speaker 1: um instead of lies and deceit in a system that
Speaker 1: we don't know how many dollars are created or how
Speaker 1: many they're gonna make next year. Remember we talked about
Speaker 1: inflation and deflation. How these bankers decide to inflate and
Speaker 1: punch of put a bunch of money in, and we
Speaker 1: make a bunch of decisions and then they suck the
Speaker 1: money out and then we are just victims and we
Speaker 1: can all crashed. Well, no one can do that with bitcoin.
Speaker 1: No one can create more of it. No one can
Speaker 1: inflate it artificially, and no one can deflate it artificially.
Speaker 1: It's exactly the opposite, and it had it's open it's
Speaker 1: open source that we can see all this. We can
Speaker 1: see that how many big win are there, who hasn't
Speaker 1: how many has been moved around. We can also see
Speaker 1: that it's it's a decentralized so nobody can control it.
Speaker 1: So it's not a matter of taking the power from
Speaker 1: the fed, from the central banks and given it to
Speaker 1: another group of people who are better. It's not about
Speaker 1: taking it from this bad actor and given it to
Speaker 1: this person because we think they're going to be better.
Speaker 1: It's about taking it from the hands of anybody, So
Speaker 1: nobody has the power to create more of it. Nobody
Speaker 1: has the power to to change the rules. That's the
Speaker 1: big difference, the big difference of the Federal Reservants, the
Speaker 1: big difference of other cryptocurrencies that have decentralized governance. We
Speaker 1: don't want governance, we don't want to rules changed. Hopefully,
Speaker 1: hopefully that makes sense, UM, what I say about Ron
Speaker 1: Paul's Like I said, he started a movement, He highlighted
Speaker 1: why we want to end the FED, and I am
Speaker 1: trying to carry the torch for him. Hopefully that makes
Speaker 1: sense to you. UM, we have bitcoin now. When Ron
Speaker 1: Paul came out at nine in UM in two thousand nine, UM,
Speaker 1: ironically it's the exact same time that bitcoin was was released. UM.
Speaker 1: But he wrote this time at a book, this book
Speaker 1: at a time when we didn't actually have a tool
Speaker 1: to actually achieve the things that he said. But today
Speaker 1: we do. We don't have an excuse anymore. We have
Speaker 1: the tool that we need, UM to fix the money
Speaker 1: and fix the world. Go back and fix all those
Speaker 1: problems in society that the money is causing. UM. For reference,
Speaker 1: go check out that website. WTF happened in nineteen seventy
Speaker 1: one dot com. You're listening to the Markmas Show, and um,
Speaker 1: we're talking about bitcoin in a long, roundabout way today,
Speaker 1: so thanks for sticking with me. Um. It's important to
Speaker 1: understand these things because if you don't understand the problem,
Speaker 1: you're never gonna understand the solution or why we need it,
Speaker 1: or why it matters or why it's relevant. Otherwise, you're
Speaker 1: gonna be out there trying to solve problems. I don't
Speaker 1: need to be solved, but this is the big problem.
Speaker 1: It's the money. Um, you listen to the markma Show
Speaker 1: talking about bitcoin, talking about the decentralized revolution. I'm on
Speaker 1: this channel each and every week at the same time.
Speaker 1: Don't miss it. Thanks so much for listening.